Sr Manager, Commodity Risk Management

Best Places to Work 2021

Position Overview

Having a significant impact on the robustness of the supply chain for MicroVention, develop an analytical platform gathering a variety of relevant inputs to identify opportunities to reduce risk and cost in the raw materials/commodity supply chain. Also formulate cross-functional processes and initiatives, and work with critical stakeholders (e.g., Procurement, Engineering, R&D, and Manufacturing) for systematic implementation. Job duties:
  • Develop and execute platforms to drive visibility and action to reduce risk in the supply chain.
    • Develop a transparent and data-driven approach to assemble and analyze a comprehensive list of risk factors including, but not limited to, single sourcing, commodity, market, and supplier-driven features.
    • Implement infrastructure (processes, tools, metrics) that shape how the company thinks about risk and influence prioritization of activities to address them.
  • Create infrastructure to anticipate commodity and market-driven risks and develop strategies to allow the company to actively manage them to its benefit.
    • Research and propose alternative suppliers or lead evaluation of alternative materials.
    • Study and analyze market trends, sales history, marketing demand, and forecast to identify short-term/long-term roadmap for all commodities.
    • Collect, analyze, and interpret manufacturing data to make decisions that may impact production, staff, or processes.
  • Work closely with peers within Procurement and build cross functional processes and initiatives to achieve benefits, working across key stakeholders and functional partners to deliver results.
  • Operate independently and as a leading Subject Matter Expert within company on sourcing and commodity risk management.
  • Perform additional responsibilities as assigned.

Job Details

    1. Bachelor’s Degree in a field directly related to supply chain and/or operations.
    2. A minimum of eight (8) years of relevant professional experience in commodity management with an understanding of risk/impact analysis.
    3. A minimum of two (2) years of management responsibility/experience.
    4. Strategic, global mindset - can lay out the desired end state and the roadmap to get there, contemplating company priorities.
    5. Tactical experience with lean principles, supply chain, and commodity management.
    6. Strong negotiation, influencing, and written and verbal communication skills. Ability to lead and influence change in a complex situation.
    7. A good understanding of related Supply Chain/Operations processes: manufacturing, purchasing, scheduling, and planning processes.
    8. Strong analytical and problem-solving skills.
    9. Facilitation and project management skills.
    10. Ability to create KPI’s, benchmark analysis, and reports.
    11. Experience with developing and implementing process improvement policies.
    12. Excellent interpersonal skills to build solid working relationships that promote collaboration with all levels of the company and suppliers.
    13. Ability to perform and think independently in a fast-paced, goal-oriented, and time-sensitive environment.
    14. Exceptional judgement and time management skills.
    15. Proficient with key software tools such as MS Word, Excel, Outlook, and Teams.
    Desired Qualifications
    1. Medical device manufacturing experience.
    2. APICS, Six Sigma, Project Management, or other industry certification(s).